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Stonechurch View, Annesley, Nottingham, Nottinghamshire, NG15

East Midlands

£190,000
Listed on 20/06/2025

Property Details

Bedrooms
3
Type
Detached house
Area
425 sqft

Description

This three-bedroom detached property presents a unique opportunity for those seeking to invest in a home with significant renovation potential. Currently in need of modernization, the layout provides a spacious canvas ideal for personal customization and improvement. As you enter, you're greeted by an entrance hall leading into a generously sized lounge diner that features sliding doors to the front garden and access to the rear garden. The kitchen is adjacent, equipped with basic functional elements but ready for updates that could transform it into a modern culinary space. Upstairs, the property includes three well-proportioned bedrooms, each benefiting from natural light through double-glazed windows. A family bathroom completes the first floor, offering essential amenities while also allowing room for enhancements. Externally, the property is surrounded by front and rear gardens. The front garden is predominantly laid to lawn with a driveway leading to an integral garage that provides additional storage or parking options. The rear garden is tiered with both paved and lawned areas, framed by established shrubs—this outdoor space has great potential for landscaping or creating an inviting patio area. The location offers excellent transport links and proximity to local amenities such as shops, schools, and dining options, making it convenient for everyday living. With no onward chain, this property is not just a residence but also an opportunity to create value through renovation in a desirable area.

Investment Analysis

(NG15 area)

Above Market Value

This property is priced +77.8% above area average per sq ft

+77.8%
This Property
£447/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£117,576
10% above area average per sq ft
Potential ROI
-48.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NG15)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.5%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on NG15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Stonechurch View, Annesley, Nottingham, Nottinghamshire, NG15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£696
Based on a loan of £142,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE